Oil and Gas Rotary Rig Counts

May 10th, 2019|Comments Off on Oil and Gas Rotary Rig Counts

Total number of operating rigs in the U.S. the week as of May 10th was 988, 805 oil and 183 gas. In percentage terms, on a month on month, (m/m) basis, oil rigs were down [...]

The Baltic Dry Index

May 6th, 2019|Comments Off on The Baltic Dry Index

The Baltic Dry Index (BDI), for April 2019 increased 95 points to 775 month on month (m/m), a 14% increase. Looked at on a three month moving average, (3MMA) comparison the BDI fell 2.0% to [...]

U.S. Service Center Shipments

May 2nd, 2019|Comments Off on U.S. Service Center Shipments

On a three month moving average, (3MMA) basis, March total carbon steel shipments averaged 147,286 tons per day, compared to 162,819 tons per day in March 2018 (-9.5 % year on year, (y/y). Figure 1 [...]

Consumer Confidence

March 27th, 2019|Comments Off on Consumer Confidence

The Consumer confidence index rolled-back 7.3 points in March according to the Conference Board. The index now stands at 124.1. Despite the decline, the index remains at elevated levels with a positive trend line. On [...]

Employment by Industry

March 26th, 2019|Comments Off on Employment by Industry

In February 2019 there were 150.606 million (M), an increase of 0.21% month on month, (m/m). Figure 1 shows manufacturing and construction employment on the same chart from 2005 to present. Both manufacturing and construction [...]

Oil and Gas Rotary Rig Counts

January 7th, 2019|Comments Off on Oil and Gas Rotary Rig Counts

The total number of operating rigs in the U.S. the week ending December 31st was 1,048 with 860 being oil and 186 gas. In percentage terms, on a month on month, (m/m) basis, oil rigs were [...]

View all Macroeconomics Articles